Commercial Metals manufactures, recycles and markets steel and metal products, related materials and services. Co.'s segments are: Americas Recycling, which processes scrap metals for use as a raw material by manufacturers of new metal products; Americas Mills, which includes electric arc furnace (EAF) mini mills, EAF micro mills, rerolling mill, scrap metal shredders, scrap metal processing facilities that support the mills, and railroad salvage operation; Americas Fabrication, which includes Co.'s steel fabrication facilities that bend, weld, cut and fabricate steel, primarily rebar; and International Mill, which includes mini mill, recycling and fabrication operations in Poland. We show 39 historical shares outstanding datapoints in our coverage of CMC's shares outstanding history.
Understanding the changing numbers of CMC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CMC versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CMC by allowing them to research CMC shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
